What is Yard Management Software Market?
The yard management software monitors and tracks the movement of trucks, trailers, and other vehicles on the yard of a production facility. The yard management software provides vehicle location information to improve communication between yard managers and drivers, and to help employees perform orders more efficiently. This type of software helps dispatchers plan loading and unloading activities based on shipments and shipyard availability. Yard management software is often implemented as part of other supply chain management software, including warehouse management software, transportation management software, and ERP systems. So as to qualify for the inclusion into the yard management category, a product must henceforth define as well as manage the yard locations like the loading zones or docks, manage the yards and various other docks all across the multiple geographic locations, further also monitor loading and unloading operations across those multiple docks, and hence perform live tracking of the trucks and trailers and the other vehicles at the shipyard hence make it easier to plan all the incoming and outgoing shipments and also track the performance of the shipyard activities by the means of location, time period and operation.
Highlights from Yard Management Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | IntelliTrans (United States), HighJump (United States), C3 Solutions Inc. (Canada), BluJay Solutions (United States), Omni-ID (United States), INFORM GmbH (Germany), Zebra Technologies (United States), Descartes Systems Group (Canada), 4Front Engineered Solutions, Inc. (United States), Datex Corporation (United States), TrackX Holdings (Canada), Yard Management Solutions LLC (United States), Manhattan Associates (United States), ProAct International Ltd. (United Kingdom), Exotrac LLC (United States) and Free Yard Management Software (United States) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Yard Management Software market throughout the forecasted period.
IntelliTrans (United States), HighJump (United States), C3 Solutions Inc. (Canada), BluJay Solutions (United States), Omni-ID (United States), INFORM GmbH (Germany), Zebra Technologies (United States), Descartes Systems Group (Canada), 4Front Engineered Solutions, Inc. (United States), Datex Corporation (United States), TrackX Holdings (Canada), Yard Management Solutions LLC (United States), Manhattan Associates (United States), ProAct International Ltd. (United Kingdom), Exotrac LLC (United States) and Free Yard Management Software (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cypress Inland (United States) and PINC Solutions (United States). Yard Management Software Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Large Enterprises and SME (Small-Medium Enterprises) |
Type | Cloud based and On premise |
Platform | Windows,IOS,Android,Others |
Subscription Type | Monthly Subscription,Annual Subscription,One-Time License |
Device Used | PC,Laptops,Tablets,Smartphones,Others |
On the basis of geography, the market of Yard Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapidly Adoption of Artificial Intelligence and Deep Learning Technology and Increasing Need for Tracking Ability of Vehicles in any Organization
Market Growth Drivers:
Increased Transportation Information and Visibility, Demand for Automating the Process for Improved Accuracy of the Various Incoming and Outgoing Shipments and High Demand Due to the Ability to Provide High Quality, Rapid, Accurate, Real-time Data
Challenges:
Availability of Free Softwares and Lack of Awareness Regarding Yard Management Software
Restraints:
Technical Issues Associated with Software and High Data Security Concerns
Opportunities:
Growing Adoption of Cloud Technology, Increasing Demand for Software as a Service (SaaS) and Increasing Technological Advancements Taking Place All Around the Globe
Key Target Audience
Providers of Yard Management Software, End-Users, Potential Investors, Market Research Firms and Others
Market Leaders & Development Strategies
In January 2023, INFORM, a global software provider for AI-powered digital decision optimization business operations headquartered in Aachen, Germany, promoted Justin Newell to CEO of INFORM North America. He succeeds Adrian Weiler, Founder and Chairman of INFORM North America, and will continue to act as an ongoing advisor to the CEO of all INFORM Group entities, as well as represent the organization at leading industry associations and conferences. In addition to his new role as CEO of INFORM North America, Newell will retain his Chief Operating Officer role, which he has held since January 2019, and will serve as CEO of INFORM's hybrid AI-powered decision-making technology.